Comment on Money. Why does THAT work?
asudox@lemmy.asudox.dev 1 week ago
Money is worthless if nobody uses or believes in it.
The sheet of green paper only has value because we the people believe that it has value.
Comment on Money. Why does THAT work?
asudox@lemmy.asudox.dev 1 week ago
Money is worthless if nobody uses or believes in it.
The sheet of green paper only has value because we the people believe that it has value.
shalafi@lemmy.world 1 week ago
In America, and other countries, it used to be backed by gold.